Civic Intelligence

Happy Trails Riding Academy

990 • Fiscal year 2017 • EIN 94-2882855

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 21, 2018

PO Box 572Visalia, CA 93278

(559) 688-8685

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

27th percentile

-5.2%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$57,885

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

28th percentile

-2.5%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-6.3%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,127,785

Down $28,974 (-2.5%) from 2016

Net Assets

Down

$1,115,960

Down $23,123 (-2.0%) from 2016

Liabilities

Down

$11,825

Down $5,851 (-33%) from 2016

Revenue

Down

$445,061

Down $30,078 (-6.3%) from 2016

Expenses

Up

$468,184

Up $17,698 (+3.9%) from 2016

Net Income

Down

-$23,123

Down $47,776 (-194%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,057,636Liabilities 2011: $59,354Net Assets 2011: $998,2822011Assets 2012: $1,000,257Liabilities 2012: $49,032Net Assets 2012: $951,2252012Assets 2013: $1,022,860Liabilities 2013: $29,244Net Assets 2013: $993,6162013Assets 2014: $1,069,224Liabilities 2014: $2,128Net Assets 2014: $1,067,0962014Assets 2015: $1,134,567Liabilities 2015: $20,137Net Assets 2015: $1,114,4302015Assets 2016: $1,156,759Liabilities 2016: $17,676Net Assets 2016: $1,139,0832016Assets 2017: $1,127,785Liabilities 2017: $11,825Net Assets 2017: $1,115,9602017Assets 2018: $1,114,435Liabilities 2018: $8,865Net Assets 2018: $1,105,5702018Assets 2019: $1,079,273Liabilities 2019: $2,657Net Assets 2019: $1,076,6162019Assets 2020: $1,212,840Liabilities 2020: $82,405Net Assets 2020: $1,130,4352020Assets 2021: $1,214,754Liabilities 2021: $25,886Net Assets 2021: $1,188,8682021Assets 2022: $1,176,958Liabilities 2022: $38,427Net Assets 2022: $1,138,5312022Assets 2023: $1,161,586Liabilities 2023: $38,921Net Assets 2023: $1,122,6652023Assets 2024: $1,116,468Liabilities 2024: $37,231Net Assets 2024: $1,079,2372024Assets 2025: $1,345,335Liabilities 2025: $29,696Net Assets 2025: $1,315,6392025

Highlighted filing

2017

Assets$1,127,785
Liabilities$11,825
Net Assets$1,115,960

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $589,712Expenses 2011: $323,004Net Income 2011: $266,7082011Expenses 2012: $370,3602012Revenue 2013: $417,402Expenses 2013: $375,011Net Income 2013: $42,3912013Revenue 2014: $485,080Expenses 2014: $411,600Net Income 2014: $73,4802014Revenue 2015: $493,705Expenses 2015: $450,255Net Income 2015: $43,4502015Revenue 2016: $475,139Expenses 2016: $450,486Net Income 2016: $24,6532016Revenue 2017: $445,061Expenses 2017: $468,184Net Income 2017: -$23,1232017Revenue 2018: $449,913Expenses 2018: $460,303Net Income 2018: -$10,3902018Revenue 2019: $464,951Expenses 2019: $493,910Net Income 2019: -$28,9592019Revenue 2020: $556,835Expenses 2020: $503,016Net Income 2020: $53,8192020Revenue 2021: $594,374Expenses 2021: $535,941Net Income 2021: $58,4332021Revenue 2022: $594,525Expenses 2022: $644,862Net Income 2022: -$50,3372022Revenue 2023: $637,865Expenses 2023: $653,731Net Income 2023: -$15,8662023Revenue 2024: $637,234Expenses 2024: $680,662Net Income 2024: -$43,4282024Revenue 2025: $1,015,199Expenses 2025: $778,797Net Income 2025: $236,4022025

Highlighted filing

2017

Revenue$445,061
Expenses$468,184
Net Income-$23,123
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 21, 2018
Return Version
2016v3.0
Gross Receipts
$491,282
Mission and Program Overview

Mission

To enrich the lives of children and adults with physical, cognitive and emotional disabilities through equine faciliated therapy. Happy trails riding academy is committed to providing the finest therapeutic riding program in the county of tulare, state of california.

To enrich the lives of children and adults with physical, cognitive and emotional disabilities through equine facilitated therapy. Happy trails riding academy is committed to providing the finest therapeutic riding program in the county of tulare, state of california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$979,729$969,277▼ $10,452
Savings and Temporary Cash Investments$152,067$115,472▼ $36,595
Cash and Non-Interest-Bearing Accounts$10,263$27,434▲ $17,171
Accounts Receivable$14,700$15,602▲ $902
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,156,759$1,127,785▼ $28,974
Other Assets Total-$0-
Liabilities
Other Liabilities$11,800$10,000▼ $1,800
Accounts Payable and Accrued Expenses$5,876$1,825▼ $4,051
Total Liabilities$17,676$11,825▼ $5,851
Net Assets / Fund Balance
Unrestricted Net Assets$1,107,804$1,105,271▼ $2,533
Temporarily Rstr Net Assets$31,279$10,689▼ $20,590
Total Net Assets Fund Balance$1,139,083$1,115,960▼ $23,123
Total Liabilities and Net Assets / Fund Balance$1,156,759$1,127,785▼ $28,974

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$793,622$689,335-
Land$175,655--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie GardnerExecutive DirectorFT$57,885$57,885

Board Members and Trustees

NameTitle
Dr Neal Spiro DvmPresident
Cindy BrownDirector
Ed WristenDirector
Elizabeth E JacquesDirector
Erin BrooksDirector
Jenna SealsDirector
Kendra FowlerDirector
Kim GivichDirector
Linda NoguesDirector
Patty RochaDirector
Roland P HillDirector
Ryan PurkissDirector
Steve DuerreDirector
Laura MorrelliSecretary
Andre GastonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$120,504
Program Service Revenue
$139,373
Investment Income
$228
Other Revenue
$184,956
All Other Contributions
$120,504
Change in Net Assets
$-23,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$445,061
Total Revenue per Audited Statements
$445,061
Total Revenue per Form 990
$445,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$236,503
Other Expenses$231,681
Total Fundraising Expense$37,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,129$23,922-$145,051
Depreciation Depletion$61,470--$61,470
Current Officers, Directors, Trustees, and Key Employees-$28,942$28,942$57,884
Insurance$22,554$7,127$4,266$33,947
All Other Expenses$22,645$4,571$1,538$28,754
Payroll Taxes$10,784$4,314$2,876$17,974
Fees for Services Accounting$1,708$15,377-$17,085
Other Employee Benefits$15,594--$15,594
Office Expenses$10,496$3,499-$13,995
Occupancy$12,389--$12,389
Advertising$7,184--$7,184
Other Expenses$5,380--$5,380
Interest-$402-$402
Fees for Services Other-$200-$200
Total Functional Expenses$342,208$88,354$37,622$468,184

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$468,184
Total Expenses per Audited Statements$468,184
Total Expenses per Form 990$468,184
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$231,177
Fundraising Direct Expenses$46,221
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night at the Races$128,693$128,693$25,264$103,429
Fall Fundraiser$54,350$54,350$17,875$36,475
Total Events$231,177$231,177$46,221$184,956
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Line Payable$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the board and the executive director before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Governing board reviews to determine that no conflicts exist.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is reviewed annually and approved by the governing board.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Froms are made available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Happy Trails Riding Academy
EIN
94-2882855
Phone
5596888685
Address
PO BOX 572, VISALIA, CA 93278

Signing Officer

Name
Andre Gaston
Title
Treasurer
Signed
2018-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Neal Spiro Dvm
Formed
1983
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
11

Preparer

Firm
Sciacca & Company
Address
2200 W MAIN ST, VISALIA, CA 93291-4523
Preparer
Fred Sciacca
Phone
5597335338
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
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IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt013995
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/ProgramServicesAmt113996
IRS990/OtherExpensesGrp/ProgramServicesAmt212074
IRS990/OtherExpensesGrp/ProgramServicesAmt35380
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IRS990/OtherExpensesGrp/TotalAmt113996
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0DR NEAL SPIRO DVM
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0480575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0437463
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0396
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0139
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0122166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt027133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt040388
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt035601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0364661
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0337
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01189
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.35$0.03$1.32$1.02$0.78$0.24
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.04$1.08$0.64$0.68$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.04$1.12$0.64$0.65$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.04$1.14$0.59$0.64$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.03$1.19$0.59$0.54$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.08$1.13$0.56$0.50$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.46$0.49$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.11$0.45$0.46$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.01$1.12$0.45$0.47$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$0.48$0.45$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$0.49$0.45$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.49$0.41$0.07
2013Summary only. Only limited summary data is available for this year.$1.02$0.03$0.99$0.42$0.38$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.05$0.95$0.37
2011Summary only. Only limited summary data is available for this year.$1.06$0.06$1.00$0.59$0.32$0.27